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PBS
Jul 18, 2011 6:00pm PDT
power to be curbs. there is a big discussion. in the u.s., and they are investigating. tomorrow and the next days and weeks are going to be fascinating in that respect. >> as always, we thank you very much. on to libya now, where rebels have claimed victory in the battle for a strategic town. there are conflicting reports about whether or not they have complete control of the town which has been held since gaddafi -- by gaddafi since march. most of the gaddafi forces are said to be retreating west. rebels say 12 fighters were killed and hundreds wounded. the capture would mark a major rebel breakthrough in their bid to push westward. the foreign ministers of europe have been meeting in brussels to discuss the situation in syria. they are considering a series of measures to resolve the standoff between the president and his opponent. in syria itself, anti-government protests are continuing, and activists are warning of potential civil war in the country. >> syria was top of the agenda in brussels today. eu foreign ministers pressured the president assad to reform or step down as they
PBS
Jul 5, 2011 6:30pm PDT
credibility of the accuser. there is a big trade dispute going on right now. the european union and mexico which took objection to the abuse of quotas, china must either appeal the ruling or comply by removing the restririctio. failure to do so will enable the u.s. to respond with trade sanctions. they are used in the electrical appliances and predominantly in ththe stl industry. the banking system could also be headed for some big trouble. they have failed to keeeep track of economic stimulus funds. the total value could be well over 300 billion euros. the scale of such loans could pose a threat to china of's entire banking system and the risk exposure could change the credit outlook. the trade manufacturer has plans to cut more than 1400 jobs. a move that will eliminate half of the entire work force. the decision comes after they failed to win a major contract to build more than 1000 train carriages in britain. >> of the contract is part of the plan to upgrade the rail lines. the consortium won the final better. the contract calls for the construction ofá 1200 train carriages. th
PBS
Jul 14, 2011 6:30pm PDT
? >> the big weakness of this budget is it puts off some many of the cuts and tax increases until 2013, 2014. that is not coincidental. there is a general election in june 2013. all of this will have to be done by the next government. in the meantime, there is going to be a gaming tax, increased health charges, cuts in pensions, but only for the highest pensions -- and in italy, pensions are pretty generous. this is not a buethich in the ort-rm igoin to le anybody into destitution. >> in other news, syrian pro- democracy activists say government forces have killed at least nine people as protests against the president continue. reports indicate the military crackdown on opposition activists in damascus and hana. police have arrested members of opposition supporters. non-governmental organizations say at lea 160 people have been killed since the uprising began four months ago. 13 turkish soldiers have been killed in an attack in the southeast of the country. officials say kurdish militants ambushed troops. six soldiers were also wounded. it is the worst attack by kurdish militants since
PBS
Jul 29, 2011 6:30pm PDT
itself, but there is definitely a big divide between the classic dealmakers, the moderate republicans, and the freshman tea party members. they are quite numerous. they want to cut spending and massive weight and balance the budget. house republicans passed a deal only a week ago that included those two things. massive spending and a balanced budget amendment, but the senate, which is a majority democratic, would need to take that up. house speaker boehner took the amendment out. that is not even getting through the house. what they are discussing right now is put it back in at some point. >> a little bit of a yo-yo effect. house speaker boehner has been in charge through this, particularly this week. is charged is to craft legislation the house will accept. so far he looks like a failure, does he not? >> his reputation has taken a big hit this week, no doubt about that. the momentum is shifting from the house, led by the republicans, to the senate, led by the democrats. they are drafting their own legislation, trying to push that through. i have outlined a plan to push that through,
PBS
Jul 15, 2011 6:00pm PDT
big problems, especially in my age group. we have to rethink the entire system. >> with this austerity program, when is our economy going to grow again? this economy will never grow again. >> some economists say the measures will dampen growth. something had to be done. it today's overall debt is among the highest in europe. markets will keep a close eye on the country until the austerity measures start showing results. >> european stocks slid on a friday and posted their biggest weekly loss in four months. the german benchmark index closed in positive territory. across the atlantic, the dow jones industrial managed to close the day in positive territory. the euro is trading with $1 at $1.46. barack obama has warned that time is running out on raising the a limit the -- raising the limit on the amount of debt the u.s. can have. a decision is needed to avoid a possible default in early august. billy could mean a rise in interest rates in- -- failure could mean a rise in interest rates. more news with brian thomas. >> western and regional powers have given a boost to the rebels
PBS
Jul 21, 2011 6:00pm PDT
. it's a big growth is in the mobile sector and not in the pc market which had to lower the expectations for the pc business for the months ahead. there is a mixed outlook and that is the reason why the stock of intel is losing in the thursday session. >> what other shares or stories are standing out in the session? >> basically, we got extremely good numbers if you compare them to expectations from morgan stanley, the last big american bank to come out with earnings. the stock is trading up by 1.9%. that helps to support financial stocks and wall street. we had a pretty gloomy outlook from pepsi. they had decent numbers for the past but the outlook is a bit disappointing. that stock is one of the bigger losers with a drop of about 5%. >> thank you very much. staying with earnings, things are looking up for american express. cardholders spend a record amount in the second quarter of this year and that sent profits surging to over $1.3 billion. this was a bit of a comeback. many corporate clients cut back on spending during business trips during the financial crisis and finan
PBS
Jul 8, 2011 6:00pm PDT
the start of the final mission ever for the shuttle program. for many americans, there's a big degree of this dog just connected to the shuttle. 1 million people traveled to florida to catch a glimpse of the final lift off. we begin our in depth with a look at how the shuttle revolutionized space shuttle as well as some of the challenges it has faced over 30 years of operation. ♪ >> the space shuttle is the symbol of the u.s. space program for more than three decades. it began with the dream of flying weekly missions into orbit. they were on hand for the debut of the prototype. no one had seen a spaceship like it. after vertical lift off, it could glide back and land like an airplane and ready for another mission began. -- it again. >> everyone wondered what spaceflight with wings would be like. it was supposed to be simpler with less acceleration. it was uncharted territory for nasa. >> it also paved the way for other countries to join nasa it in exploring space. the europeans build a research lab specially designed for the shuttle's loading bay. it is your ticket to manned
PBS
Jul 28, 2011 6:30pm PDT
had been expecting, due in part to what analysts call special charters. >> it shot a big hole into the company's results. it will years ago, the ceo and russian prime minister agreed to a partnership with the russian state energy concern. the partnership explicitly forbidden under an agreement with the former french joint venture partner. in may, an arbitration panel ordered siemens to pay damages. another big setback came from the company's health-care operations. the invested heavily in new particle beam therapy to treat cancer. now, it has taken a charge after reevaluating the commercial feasibility of the new technology. the company's other main areas -- heavy machinery and rail transport -- remain strong, but russia says that risks in the global economic outlook are increasing. siemens is already feeling the pressure of increased competition in the wind turbine market. >> the u.s. debt crisis is still unresolved. greece is still struggling with its spiraling debt, and concerns about rome's ability to cut its sovereign debt. italy's borrowing costs soared to almost 6%. the auction
PBS
Jul 25, 2011 6:00pm PDT
. fitch also got into the business earlier. together, the firm's fate founded are known as the big three, and command a 93% share of the market. they look at the books of businesses and countries and judge how able they are to pay back financial observations. in a complex internet -- international economy, this information is vital to investors. when the bretton woods system of monetary management fell apart in the 1970's, the role of ratings agencies became even more important. the u.s. government gave them the task of assuring financial reliability. the european union has also require banks to increase capital in line with risk exposure. that risk is measured by the ratings agencies. >> the influence of ratings agencies lies on the one hand in the way their evaluation system has been incorporated into legislation. on the other hand, many business contracts are tied to the marks of the ratings agencies. that means certain private investors will only invest if there is a certain rating. >> one such example is the insurance giant allianz, which relies on ratings agencies to invest huge am
PBS
Jul 13, 2011 6:00pm PDT
to and the stranglehold of the big three. >> is not good when the entire world is being governed by three american companies. it would be better if there were more competition. and i would be very keen to see european and asian agencies as well. the situation as it is now is not healthy and we must put and intellect. -- an end to it. >> european lawmakers helped create that unhealthy situation. the european union strengthen the role of credit agencies when it adopted the international banking agreement. the question the wisdom of that move. he helped lay the foundation for the single european currency while at the european commission. he is analyzing the efforts to save the ural -- euro. >> if they are a minimum requirement, the agencies would not be so powerful. >> they are supposed to make the banking system more stable. somehow the people that rate it see things? a small independent ratings agency believes the government should enact increased competition. >> the problem have right now is the regulatory framework lead to the dominance of the big three. that market has to be opene
PBS
Jul 19, 2011 6:00pm PDT
warned that people should not be expecting one big, spectacular solution. this is a long, ongoing process. it is a matter of small steps. we have to make sure that greece becomes competitive again, that it gets its debt down, and that will not be achieved with one big, spectacular step. president medvedev also had some words to say on the euro. he says he is cautiously optimistic that it will pull through. he says it is an extortion attempt, said nations have never tried before, and it is wishing europe bloc -- he said it is an extraordinary attempts, such that nations have never tried before, and he is pushing europe luck. >> some clouds on the horizon. a closely watched survey said dennis analysts and institutional investors are in anticipating a weaker performance in the months to come -- a closely watched survey said analysts and institutional investors are anticipating a weaker performance in the months to come. use 9 last month. crisis, could spread to italy. however, the drop in german expectations may not translate to weaker economic growth in europe's largest economy and
PBS
Jul 11, 2011 6:30pm PDT
big ones. >> the threat today is for the whole eurozone, so we need to find a solution. >> ministers signed off on what they hope will be part of the new solution, the new bailout fund that will kick in from 2013, but as they all know, a lot could change before then. >> our brussels correspondent has been following the discussions by the eurozone finance ministers in brussels. can you tell us what has come out of today's debt crisis talks? >> the formal agreement on anything has now been pushed back into another meeting of finance ministers later this month, but they have been discussing a lot. of course, the focus has been on greece and the question of a second bailout for greece. is it possible? how much will be needed? when will it be triggered? and, crucially, should private bondholders take their share responsibly? should there be obliged to extend their lines of credit to greece to put off the evil day when they will need a second bailout and call in their dead? the ecb, the european central bank, thinks that is stretching it to try to get that agreement. but angela merkel has
PBS
Jul 6, 2011 6:30pm PDT
opportunities. people are not able to get back to normal life. that is the big challenge for the national transitional council. in west libya, the fighting is going on. there is a gap and a difference between the east and west libya. >> us talk about the facebook generation. how much of a difference is it making in libya? >> it is interesting to me, the rebels. they are the generation of facebook. the people fighting now are those who used to chat on facebook. this helps indication between them. even to get international attention by spreading videos and photos. the proof of that was that gaddafi shut down the internet. in the gaza, they are getting access again. >>hat can the international community to to support the rebels? >> the most important thing is that they recognize the national transitional council as the traditional -- legitimate representative of the libyan people. that is the most important thing. they will meet in is a symbol. they will work to support the libyans financially. -- they will meet in istanbul. >> what can germany due to support the rebels? >> germany's part is
PBS
Jul 25, 2011 6:30pm PDT
default, we would see a big spike in long- term interest rates, so that would affect mortgage rates. it would affect car lending rates. it would affect business lending rates. so all of that could be quite problematic for the whole economy. so that's why, you know, certainly the treasury department and one has to say the federal reserve as well very worried about this. and want to avoid this at all costs. >> ifill: does it have to actually occur or is merely this delay, this debate, is that already putting its own drag on these areas of the economy? >> well, so far i say the uncertainty about what is exactly going to happen, what's going to get cut, what could be affected is giving a lot of consumers and businesses pause, if you will, making it quite risk-averse. and one of the reasons we're going through a soft patch, it's not the only reason, one of the reasons is this uncertainty. and what is triggering is risk aversion on the part of businesses and consumers. so already in a sense they're anticipating or worried about what might happen and pulling back. >> ifill: as we sit here toni
PBS
Jul 7, 2011 6:30pm PDT
after he carried out the procedure which was then banned. a court found in his favor, spurring a big public debate. >> it may prevent suffering in individual cases, but in every single case, it denies a conceived human life the right to live. we should not do that. >> no one takes the decision to have the in vitro fertilizaon lightly. it is anxtrely stressful procedure. both physically and psychologically, and it carries a social stigma. >> couples to go this route already have a long history of suffering behind them. ultimately, arguments like that won, but the use of the procedure will be strongly restrict it. the only parents with hereditary illnesses will qualify. a few hundred couples are likely to benefit each year. >> i am relieved that a sensibl world will affect the majority and couples are not prevented from seeking treatment in germany. >> this person finally knows where he stands after campaigning for the procedure the last six years. >> later, the discussion over embryo screening. >>> britain's biggest selling sunday paper has been shut down at amidst the phone hacking s
PBS
Jul 4, 2011 6:00pm PDT
ever tour de france big 3. germany is gearing up for thehe tour de france. the coach says the team will have to fine-tune its strategy. the german women may be failing to live up to their status. they are sticking to the game plan. the players are looking to improve. >> we have to start playing proper football. straight out attacking the banks so far, we've slipped up on making the final bass and converting our chances -- making the fina pass onrtinour ch if we can donce time. >>ngermy'ud eng. atold ofhe neplaaoe n n lltoy t hepackard set up operations here years ago. the company has invesd the 3miion euros here and continues for the work force of more than 2000. us the openness, meaning t attitude of the people, and the bience of thepele, and of the city. you love had a good mixf naturally, that hasadusor open to strangers or to rene. >> po companies with strong economic growth and low taxe they bef from the strategic locationon at eze borders right into the middle of europe. while some europeanouri are focused on getting their finances in order, poland is european s socce champio
PBS
Jun 30, 2011 6:30pm PDT
the tre unions. we agree across the political spectrum how the big sector pensions need to be reformed. we need to do that in a reasonable way. >> the strike was the largest in brititn for many years. unions said the action might be followed by larger protests later this year when a major public spending sector cuts are expected to begin to bite. >> human-rights activists and syria say security forces have killed at least 19 people in the north of thee country in the past 40 hours. the regime of president assad has move forces to stop refugees from fleeing into turkey. protests against the government continue across the country. hundreds of protesters took to the streets of all. for the first time. in a border town, sir joseph -- soldiers used tear gas. more than 30 people have died as a result of the crackdown on pro-democracy demonstrators. -- more than 130 people have died as a result of the crackdown. jibral said he respected the german abstention in the u.n. vote but action is needed as the war against muammar gaddafi drags on. >> thursday was the third time that the germ
CSPAN
Jul 29, 2011 7:00am EDT
paid in, and everything, they give big tax breaks for the oil companies. the big manufacturers. they're taking jobs away from us. and why they think it is best to do that. i need an answer to that, because i work 40 years of my life, and now i'm disabled. and now they're talking about cutting everything. i just don't think -- i've even put my life on the line for this country, vietnam. why they think it's the right thing to do. host: thanks for your call. next up, a comment from hewitt, texas. tony, a republican there. good morning. caller: good morning. how's everybody there this morning? host: it's a little hot both temperature-wise and internally i think here. caller: yeah. you know, we deal with a few facts here this morning. that cut, cap and balance that was passed did two things that everybody just is totally bent out of shape about. one of which is that it would raise the debt ceiling, and we would give that community organizer everything he wanted. it also, at the time, would say that the united states would even have a downgrade in its debt rating. and what do we do?
CSPAN
Jul 22, 2011 7:45am EDT
the church was the big power. kings and queens could not move without the permission of the church. nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and says i think we need to eliminate some o
CSPAN
Jul 10, 2011 7:00am EDT
? guest: i don't think it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2
CSPAN
Jul 4, 2011 7:00am EDT
. this.'s look at how proud are used to be an american? -- are you to be an american? not a big change when president obama came to office. what does that say to you? guest: remarkable continuity about something that is very important in defining this as a people. it does not seem to matter whether we have a democratic or republican president. we are patriotic nonetheless. host: james, pittsburg, republican line. caller: my comment is that you have to poll the younger crowd and they are the strongest and the fastest and most easily -- and it is easier for them to take in all the information they have take in. they are more alterable to become a soldier and not many of them are politically savvy. once they get into the war, they are generally -- most of the men i know that have come back especially from this war and from vietnam, they speak to the fact that they were fighting for its other. host: we will leave it there. guest: that is true. men who have had that experience in war talk about it that way. they also love their country. one of the things we see, it's a hard thing to
CSPAN
Jul 20, 2011 7:00am EDT
this is a big deal at all? in aer: in a way, yes, and a way, no. he is a nice man, but he is too old. it takes a man that this young to do something like that host: do you think you could run all of those companies? caller: me? i am a painter. host: i know. i have your painting in my office. caller: my wife is looking at me and telling me to tell you good morning. host: good morning. send me your e-mail address and i will send you a picture of it in profit -- in my office. caller: listen, my wife's birthday is tomorrow, she turned 81. host: that is right. you married an older woman. mr. peterson, you enjoy that heat wave in texas. we have got to get moving. we appreciate it. this would message, regarding the phone hacking scandal -- host: mike is a republican in arizona. hello. caller: i can see this going on in great britain, i guess the police are involved. but then they are doing it for us in the same manner. scanning e-mails, looking for certain words and what ever. i do not see any difference. i mean, they are exchanging information, but the fact that the government is conce
CSPAN
Jul 18, 2011 7:00am EDT
would like a big deal as obama calls it. speaker john boehner is interested in that, but not much support in making a deal from his own caucus. willing to open his mind to a smaller deal. host: you can read more at com.olitico dot martin kady was joing us. thanks. we are looking at how this issue will be alert and impact the elections of politicians. should this make or break a congressional career? connecticut, good morning to you. caller: this is a great example of how it will have an impact on congressional careers. there are two factors. one is doing nothing, if it is presented as normal and responsible behavior, and to come up with specific cuts on the other hand and is portrayed as dangerous, republicans will pay a price, because the irresponsible behavior that got us into this. the other aspect is who do you believe? the president falsifying the health insurance aspect of his mother's cancer could be so troubling. if the president would make up false tales about what health insurance companies did or did not do for his mother, imagine what he would say about republicans in
CSPAN
Jul 22, 2011 8:30am EDT
for big companies. based on that, we think there would be similar referendum on ending medicare. host: you are calling your campaign to recruit candidates for 2012 to 2025. spain to us kwla that is about. guest: after the election when we got shalacked, we needed 25 seats to retake the majority. the branding is already stale. we have that election in new york. it is no longer the drive for 25, it is 24. that's the number of seats we need to retake the majority in the house of representatives, protect medicare, protect social security, make sure kids can afford to go to college. make sure there are enough cops on the street. protect homeland security. it will take 24 seats for us to do that. host: the people suggesting your job is tough all year. you are defending a smaller number of seats in play. guest: i will suggest to you this is not an easy job. i will say the data counters, the pundwits, have said the hurt l is the republican. they have to curtain -- they have to appeal to those incumbents. they grabbed the loudest fulcrom they could and said with all those governors they would
CSPAN
Jul 14, 2011 7:00am EDT
supporting the money people. all those are the owners of the big corporation and moving away from this country and taken to places where they don't pay no taxes. they pay lower salary. nothing for the working people. they take their jobs and put the food on the table of the other country. we have to stop that. we have to stop that. we have to get rid of that bunch of bandits out there. host: all right. we've got the point. remind our viewers coming up grover norquist will be here followed by the chairman of the congressional caucus. representative whip announced wednesday, he'll marshal democratic votes. >> how do you think the presidents are handling the debt talks? caller: i think they are handling it well for the most part. they are not willing to throw the middle class under the bus. right after this conversation you'll have grover norquist. they don't want to negotiate. how do you just default on the country. i don't understand the average american people standing up for them. all they are working for is corporation. i will never understand how so many of them got in. you can't pr
CSPAN
Jul 19, 2011 7:00am EDT
. general petraeus is leaving to become director of the central intelligence agency. another big story is what is happening with rupert murdoch and his businesses. here's this picture looking at the u.k. hacking scandal and what's happening right now. he will appear before a panel of u.k. lawmakers on tuesday after the phone hacking scandal. today on c-span3 we will bring you the british house of commons at 9:30 morning where rupert murdoch will test suppor -- will testify before a committee. let's go to the phones again, phoenix, arizona, independent mind. caller: i was calling about the balanced budget amendment. we cannot have that. if you amend the constitution, that means the supreme court eventually if gets to decide what that constitutional amendment means. that means every time congress disagrees, which is constantly, if somebody will file an action, take it to federal court, the judge will make a decision, and eventually it will be determined by the supreme court of the u.s. and i don't want lawyers making that decision. that's not what our constitution intended. host: let's look
CSPAN
Jul 31, 2011 7:00am EDT
spend what it takes an? guest: we have to look at the overall big picture. there are going to be times -- you can only spend more than you make for so long and it catches up to you and that is what is happening right now the bank there going to be situations, i imagine, with the federal government has to take out loans and borrow money. but this has been going on for years and years and years. and you cannot continue to do this. if we do not get our fiscal house in order, get our credit -- that our creditors will take control and do it for us. i am not sure that we want that. host: we of gone from a trillion dollar debt to $14 trillion, but is there good debt for the government? someone argues that student loans and mortgages are good debt, and bad debt would be loans for vacations or fancy cars. guest: i do not think any debt is good. it is probably a more acceptable form of debt. but again, i say that there are probably going to be instances, but the problem is when it becomes everything that you -- when you have so much debt that it is overwhelming to everything else, when you have
CSPAN
Jul 6, 2011 7:00am EDT
opportunity to do something big. the president invited negotiators to the white house thursday. the white house will continue working on a 2012 -- house this week will be working on a 2012 budget for the pentagon. good morning this wednesday, july 6. we will begin this morning would getting your thoughts on the job market ahead of friday's much- anticipated unemployment report. here is how we will divide the lines -- u.s. jobs market, what is your experience? here is "the baltimore sun." stocks hang on the unemployment report. early in the article it says -- further in the article, it says -- we want to hear from all of you. what do you think? what is your experience? dividing the phone lines and little bit differently this morning -- we will get to your phone calls in a minute but we will start talking about those debt talks that are happening this week. susan ferrechio is from the washington examiner -- and here are hurt at -- headlines. joining us on the phone this morning, susan, why is there anxiety? guest: hi, greta. there is anxiety because neither side is really ready to dea
CSPAN
Jul 13, 2011 7:00am EDT
journal." you have the headline here, boehner, a big deal no longer operative. he told house republicans on tuesday -- between what speaker boehner is saying and what minority leader mitch mcconnell is saying, where are the negotiations at this point? guest: the prevailing milled -- mood is pessimism. the negotiations now that the congressional leaders have gone to the white house for three straight days, the of not made a whole lot of progress. each side has retrenched. ideologically, the democrats are leery of making any cuts or changes to entitlement programs without some revenue increases, tax increases. and republicans have been consistently opposed to anything that smacks of tax increases. so you had the mcconnell plan yesterday shaking everything up a bit. it is unclear how viable an option that will be going forward. host: when they get together with the president at the white house this afternoon, what is it that will be on the table? what will they be able to work with on the congressional side and on obama's side? guest: been talking in the last couple of days about the saving
PBS
Jul 24, 2011 1:00pm PDT
. >> of course we had a really big problems. domestic sales have tumbled, but we were able to compensate by doing business abroad. for one and a half years, domestic activity has stalled. >> a 48 billion euro austerity package is supposed to kick start the recovery. along with cuts to the public- sector budgets, the berlusconi government wants to boost revenue. they say privatisation will bring in billions of euros. at the same time, various taxes are to be increased. experts warn that will not stop the crisis. >> as a whole, the austerity package has been defined. but whether it will be enough is hard to say. i have the impressions are not taking a focused look at individual measures. instead, they are examining the credibility of the institutions. >> even before the vote in parliament, union members were demonstrating against the austerity measures. the opposition agrees with their position, saying that families and a modest earners will bear the heaviest burden and there are other ways to save. >> for example, we could cut the number of provinces. we spend billions on the bureaucracy.
CSPAN
Jul 8, 2011 7:00am EDT
. boehner seem united to pursue as big a deal as possible. next is a call from clinton, new jersey. jean, a republican. caller: i think a great way to trim the budget would be the $1 trillion we spend on the war on drugs in the past 40 years, since president nixon started this. in fact, a representative steve cohen from tennessee on june 15 was very brave and stood up and gave a five-minute talk in front of the house of representatives and one -- went through what a failure of this has been. $1 trillion so far. for example, it is about $10,000 per marijuana arrest. new york city, which definitely has financial problems, 50,000 marijuana arrests over the past year. i know many states, including new jersey, have medical marijuana laws now but my governor will not enact the medical marijuana procedures that has been passed by the legislature because marijuana is scheduled i and he cannot get assurances from the justice department that state employees who are doing this health program will not be arrested. host: from new jersey, a way to cut the budget deficit. next is a call from balt
CSPAN
Jul 26, 2011 7:00am EDT
everything and republicans continue to protect big business and the rich, which makes no sense. he put medicare, medicaid, and sells a security on the table. the republicans did not put anything on the table. it is their way or the highway. they want him to fail. that is what this is all about, they want obama to fail so that they can get reelected and put in the same thing that got us into this in the first place. war, and funded, and paid mandates like -- unpaid mandates like bush did with the medicaid plan. this is ridiculous. host: a republican in new york, massachusetts. caller: i have been following this debate very closely. it sounds like it is smoke and mirrors. it is taking credit for winding down the war in afghanistan and iraq and not really cutting the deficit. we're boring 40 cents on the dollar for every dollar that we spend in washington. and we cannot keep doing this. one thing i like to see is the repeal of obamacare. that alone would save us $2.5 trillion in the next 10 years. as far as the reid plan, i like to see him get it through the senate. i did not think that i
CSPAN
Jul 21, 2011 7:00am EDT
amendment and speaker cuts. that is something more and more before there is any kind of a big deal. what's the move then if no meetings are planned today or no action over the weekend. you have the ability to come up with some type of proposal. what is the mood on capitol hill? >> it has ramped up over the last couple of days. there is a sense that this is a critical moment. there needs to be some kind of a deal that comes forth. as august 2 comes near, certainly tension seems to be rising. in the papers, proposes a tax cut or tax increase especially with some of the ways the gang of six proposal lays out the revenue raising. >> there's a sense that initially, when the gang of six came out, the budget chairman talked a lot about how it would be scored as a $1.5 trillion tax cut. there's some sense that even within their own proposal, the gang of six may use a different yardstick to measure things. >> why so long? why not especially when it seems incapable of doing something when it puts it into legislation? in some ways, they've had a new momentum be the idea of a bigger deal possi
CSPAN
Jul 2, 2011 7:00am EDT
left with a big deficit. all they talk about is cutting. -- host: we will have to leave it there. when it comes to government spending issues are concerned, that is what we are weighing in right now. good morning, james, independent line. caller: 5 believe the oil companies and big businesses should pay their fair share. republicans are nothing but a bunch of lawyers. they have -- lawyers. -- liars. they have been line ever since george bush was in there. host: what kind of spending and programs are you talking about? caller: all of their subsidies and not paying any taxes. host: we will leave it there. please turn down your television sets when you call in. florida, this is a comment from twitter. another call from minnesota this morning, what to cut what to keep? caller: i am a republican. it is hard to hear that we are the party of no, no, no. at the federal level, of our government has shut down because they cannot come together. republican-led states that do not have cannot of raising of taxes, the states are not in a deficit and not in a shutdown. we do need to possibly raise rev
CSPAN
Jul 15, 2011 7:00am EDT
. we'll have it in just a second. the next telephone call, while we're waiting, is from big sandy, texas. scott is a republican. good morning. caller: yes, susan, if i were a republican and in the negotiations, i would continue to bring up the immorality that the democrats are willing to -- and the fact that they're willing to steal the liberty of future generations with this humongous debt. they need to hold their feet to the fire, and in the end, obama and the democrats will have to come around. there's no doubt about it. we've got the upper hand. even though you've got the press on the president's side, and i want all these democrats that have called in here supporting obama this morning, just ask yourself, are you honestly better off? has his policies actually helped this country? or is it sending this country to oblivion? none of his policies, none of his stimulus, none of it has worked. not one single bit of it. we're worse off now than when he took office, and we're continuing to go downhill. it's time this iron-headed fool relent and let the adults take over. host: thanks
CSPAN
Jul 28, 2011 7:00am EDT
, knowing that the house is not here. the talks have been going on now since the big deal talks between boehner and obama broke down on friday among all the congressional leaders on how to fix basically one problem. that is, how long the debt limit increase we will do. they have not been able to resolve that problem. host: do you think there's a chance the house really will leave town? guest: i do not know. no one would confirm that. there were rumors yesterday, mainly from democrats. republicans said they had heard nothing like that. democrats also said they would be surprised if the house would do that. it will look terrible with this crisis hanging over the nation. crisis hanging over the nation. it has happened in on other occasions. host: lori montgomery, according to the senate schedule, harry reid will be announcing the schedule at 11:00 a.m. have you heard anything? guest: i have not. when i left last night, it was not clear. they were still planning to proceed as they have been talking about for a week. that is, when the house bill comes over, they want to tilt it -- to kill it
CSPAN
Jul 25, 2011 7:00am EDT
has proposed. boehner has a pretty big job on his hands of maintaining that republican unity that we have seen so far at a time when democratic kennedy is coalescing because of anger over how these talks have gone. host: alexander blogging, thank you. our question this morning is, with the debt limit is affecting more financial decisions. let's go to cleveland, ohio on the democratic line. caller: good morning. host: is it affecting your financial decisions? caller: at this point, no permit but i am living on a fixed income. i am very much worried about whether or not this debt limit will be raised or not to coz i know the treasury department is going to have to make some decisions if it is not raced. i am confident social security recipients will receive their cash benefits. i am also confident those who are desperately in need of their money will receive their benefits. i am confident president obama and the democratic party are going to look out for the needy but i am highly unsettled about what is going on. mr. bolton made the fact that i do not think this debt limit is so much a
PBS
Jul 31, 2011 1:00pm PDT
getting a big brother. >> people living in the southern italian city of naples are used to living with rotting garbage on their streets. the local mafia has had a stranglehold on garbage collection, running iraq it through their control of landfill sites. naples has a new mayor who has declared war on trash, but beating the mafia where his predecessors have failed. >> in the sweltering heat, innoxious cents hangs over the city of naples. we are driving to the stronghold of the local mafia. it is a maze of concrete tenements, drugs, piles of trash, this is all part and parcel life here. this is the kind of place you need to film discreetly. it is not exactly a tourist attraction and. the new mayor of naples, who enjoys police protection, has now declared war. he knows that his battle against garbage means no less than taking on the mafia. getting in touch with the grassroots ikey. he is visiting neighborhoods to try and get local people on his side to give them hope. >> i want to help the people who volunteer their services in schools and clubs and doing a lot of bad worker. we hav
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